Pravas Chandragiri

Entrepreneur

Indian Balasore, Odisha

Quick Info

ProfessionEntrepreneur
NationalityIndian
Date of Birth30/08/2005
Age20 years
BirthplaceBalasore, Odisha

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Bio/Wiki

Pravas Chandragiri is one of the youngest tech entrepreneurs from India. He is the founder and CEO of Soptle, a SaaS-led Fintech platform. He started Soptle at the age of 19 when he identified the credit scarcity faced by small and medium businesses across India. Pravas has been interested in mathematics and technology since childhood and won math olympiads from the 6th grade. He also got involved in his grandfather's money-lending business at age 12, which inspired his interest in finance and helping small businesses access loans. At 15, he and his friends built a software program for small retailers focused on cash management, which helped shape his entrepreneurial path. He later founded Profitails.com, a technology company that built software for cash management and automated billing for small retailers. In 2021, he launched Soptle in Delhi to address financing and distribution challenges in the FMCG and SME sectors. Soptle has onboarded thousands of small businesses and has reported a Gross Loan Value of around $30 million.

Physical Stats & More

Height178 cm
Eye ColorBlack
Hair ColorBrown

Educational Qualification(s)

Class 12th

Personal Life

ReligionHinduism
HobbiesPlaying Golf

Relationships & More

Marital StatusUnmarried

Career

Companies FoundedProfitails.com (2017), Soptle (2021)
Current PositionFounder and CEO of Soptle
Notable AchievementSoptle has onboarded over 50,000 retailers and manufacturers on its platform with an annualized Gross Loan Value of $30 million

Some Lesser Known Facts

1. Pravas Chandragiri is a young tech entrepreneur hailing from India.
2. He is the CEO and founder of Soptle, a SaaS-led Fintech platform.
3. Pravas initiated Soptle at the age of 19, driven by the credit scarcity issue faced by Small & Medium Businesses nationwide.
4. Having a knack for math and a passion for technology, he excelled in math olympiads from the 6th grade.
5. Receiving a computer from his father fueled his curiosity for tech and business further.
6. At 12, he delved into his grandfather's money-lending business, nurturing his ambition to establish a bank and aid small businesses with loans, leading him to coding.
7. By 15, Pravas and his friends developed a computer program aiding small retailers in cash management, garnering popularity among retailers and sparking his drive for more entrepreneurial ventures.
8. Upon completing school at 17, he relocated to Bhubaneshwar, initiating Profitails.com, a tech company creating software for cash management and automated billing, propelling him to become one of the youngest tech CEOs rapidly.
9. Interactions with influential individuals from companies like Gati, Dunzo, and All Cargo Group during his early journey provided valuable guidance and support.
10. Identifying an opportunity in India's credit industry, he launched Soptle in Delhi at 19, endeavoring to revolutionize financing for small and medium enterprises nationwide.
11. Soptle focuses on enhancing financial well-being, operational efficiency, and cash flow optimization for SMBs through a transparent and user-friendly lending process, already aiding numerous small businesses with a $20 million Gross Loan Value.
12. As a driven entrepreneur from a modest background, Pravas is committed to assisting over 10 million Indian small businesses and aspires to establish the world's leading finance technology company, creating numerous job opportunities.
13. Renowned for his diligent work ethic and dedication to realizing his dreams, Pravas consistently prioritizes his goals, whether at his desk or mobile with his laptop.
14. As a driven entrepreneur from a modest background, Pravas is committed to assisting over 8 million Indian small businesses and aspires to establish the world's leading finance technology company, creating numerous job opportunities.
15. Soptle uses an AI-based credit engine that considers credit scores, bank account transactions, distributor and brand history to assess risk and offer collateral-free loans.
16. Soptle has received angel investment from Kube VC along with Soonicorn LLP and founders/CXOs of Dunzo, Gati, Fitso, Google, Unlu, and All-Cargo Group.
17. At age 17 in 2019, he briefly prepared for IIT-JEE in Bhubaneshwar before starting his entrepreneurial journey with RFT (Rural Future Technology), a networking platform connecting 1200 Kirana stores across 9 districts of Odisha with 20+ regional brands.
18. He attended RK Secondary High School from 2007 to 2019.
19. He is the founder and CEO of Soptle, a SaaS-led Fintech platform.
20. He started Soptle at the age of 19 after identifying the credit scarcity issue faced by small and medium businesses in India.
21. He won math olympiads starting in the 6th grade.
22. He became more interested in technology and business after receiving a computer from his father.
23. At 12, he was involved in his grandfather's money-lending business, which strengthened his interest in finance and small-business lending.
24. At 15, Pravas and his friends developed a software program for small retailers that helped with cash management.
25. He later founded Profitails.com, a technology company that created software for cash management and automated billing.
26. He started Soptle in 2021 in Delhi to help address financing challenges for SMEs.
27. Soptle focuses on improving financial access and operational efficiency for SMBs through a transparent lending process.
28. Pravas attended RK Secondary High School from 2007 to 2019.
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